1,915 Shares in Pool Co. (NASDAQ:POOL) Acquired by L. Roy Papp & Associates LLP

L. Roy Papp & Associates LLP acquired a new stake in Pool Co. (NASDAQ:POOL) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 1,915 shares of the specialty retailer’s stock, valued at approximately $653,000.

A number of other hedge funds have also recently bought and sold shares of the company. CWM LLC boosted its holdings in Pool by 3.7% in the third quarter. CWM LLC now owns 777 shares of the specialty retailer’s stock valued at $293,000 after acquiring an additional 28 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt boosted its stake in shares of Pool by 400.0% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 500 shares of the specialty retailer’s stock valued at $188,000 after purchasing an additional 400 shares during the last quarter. Exchange Traded Concepts LLC bought a new position in shares of Pool in the 3rd quarter valued at about $160,000. Sapient Capital LLC acquired a new stake in shares of Pool during the 3rd quarter worth approximately $604,000. Finally, Creative Planning raised its stake in shares of Pool by 1.0% during the third quarter. Creative Planning now owns 5,682 shares of the specialty retailer’s stock worth $2,141,000 after buying an additional 59 shares during the last quarter. 98.99% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Oppenheimer raised their price objective on shares of Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a research note on Monday, October 28th. Loop Capital raised their price target on Pool from $345.00 to $395.00 and gave the stock a “hold” rating in a research report on Friday, October 25th. Wells Fargo & Company dropped their price objective on Pool from $370.00 to $360.00 and set an “equal weight” rating for the company in a report on Tuesday, February 4th. Stifel Nicolaus raised their target price on Pool from $335.00 to $340.00 and gave the stock a “hold” rating in a report on Monday, October 28th. Finally, StockNews.com lowered Pool from a “hold” rating to a “sell” rating in a research report on Saturday. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Pool currently has a consensus rating of “Hold” and an average price target of $368.00.

Pool Stock Up 0.6 %

Shares of Pool stock opened at $336.35 on Wednesday. The company has a market capitalization of $12.80 billion, a P/E ratio of 28.95, a price-to-earnings-growth ratio of 1.92 and a beta of 1.03. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.39 and a quick ratio of 0.77. The business has a 50-day moving average of $348.42 and a two-hundred day moving average of $356.74. Pool Co. has a 1 year low of $293.51 and a 1 year high of $422.73.

Pool Company Profile

Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in the United States and internationally. The company offers maintenance products, including chemicals, supplies, and pool accessories; repair and replacement parts for pool equipment, such as cleaners, filters, heaters, pumps, and lights; and building materials, such as concrete, plumbing and electrical components, functional and decorative pool surfaces, decking materials, tiles, hardscapes, and natural stones for pool installations and remodeling.